Lululemon bets big on mainland market for growth

Lululemon has completed 10 years of operation in the mainland market and has already opened 100 stores across the country. — China Daily

SHANGHAI: Lululemon Athletica Inc will invest in new stores, expand online reach and strengthen its connection with China’s sports-loving community, a top executive of the athletic apparel, footwear and accessories company says.

“The Chinese mainland market remains one of our largest international opportunities with significant runways. We are excited about the opportunities in the market in 2023 and beyond,” said Andre Maestrini, executive vice-president of Lululemon International.